I don't understand how this thing works like mining other crypto and sell it? I am really lost, could someone kind enough to explain this thing to me and give me an advice if this will work on a beginner like me?

PHCoin Community will begin with the leading digital currency community, BitcoinTalk.org

Anyone that participated in PHCoin's Chats will benefit from our Early Adopters Rewards distribution... This is for anyone supporting the first launch of PHCoin Mining and Wallet Software. Thank you anyone supporting PHC via mIRC, Facebook, Twitter, Reddit, Philippines Communities, and Bitcointalk members, groups, and communities.

We reward early adopters, and since this is the first launch of PHCoin will NOT be postponed for another date, X11 mining is all ready for action.

The team plans to host an EVENT on IRC or the Forums (Announcement will be made shortly) where we will provide bounties and rewards for participating with the PHCoin Community. Remember, this is for new comers and existing digital currency miners, this is our chance to show the world; why PHCoin deserves to begin its mission of stimulating Job Opportunities for people all over the world; starting with the Philippines and helping them learn about PHCoin and the Digital Currency industry.